Payment Analysis

408.57CAD/monthin Edmonton, AB
    Before Taxes:
  • 408.57 CAD/month
  • 188.57 CAD/bi-weekly
  • 94.29 CAD/week
  • 4,902.84 CAD/year
Incl. Alberta Taxes (5%):
  • 429.00 CAD/month
  • 198.00 CAD/bi-weekly
  • 99.00 CAD/week
  • 5,147.98 CAD/year

Lease Takeover/Buyout Analysis

The Lease Takeover Analysis (LTA) "Leasing Purposes" section is an impartial review made by a Lease Takeover Specialist from LeaseCosts Canada Inc. and should be used as reference. (Learn more about the LTA)

For Leasing Purposes

With this deal, you are saving: 1,489 CAD

compared to leasing a BRAND NEW:

  • Honda Civic LX CTV
  • for 24 months
  • in Alberta
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 441
This Contract (CAD/month) 409
Monthly Difference 33 CAD/month
Remaining Term x 33 months
Total Monthly Difference = 1,089 CAD
+ Cash Incentive** (CAD) + 400
Total Savings (CAD) = 1,489
** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 25,340 CAD
  • Total Vehicle Debt: 27,366 CAD
  • Paid so Far: 1,626 CAD (5% Paid)
  • Remaining Lease Payments: 13,483 CAD
  • Residual Value: 12,257 CAD
  • Cash Incentive: 400 CAD
Vehicle Debt & Value
Paid so far: 1,626 CAD Total Vehicle Value: 27,366 CAD
5% Paid
95%
Vehicle Debt Breakdown
Downpayment: 400 CAD Remaining Term: 13,483 CAD
Term Paid so Far: 1,226 CAD Residual Value: 12,257 CAD
1%
4%
49%
46%
Cost to Own
Already Paid: 1,626 CAD (5%)
Cash Incentive: 400 CAD Buyout Price Today: 25,340 CAD
5% Paid
1%
94%
Interested on financing the vehicle? This section automatically calculates the following scenarios: (Learn more about this financial analysis)

Finance the remaining Debt Today

Remaining Term + Residual Value: 25,340 CAD

  • 4.9%Interest Rate x 48 months
  • 582 CAD/month + tax
  • Total Payable: 27,956 CAD
  • Total Interest: 2,616 CAD
  • 8.9%Interest Rate x 48 months
  • 629 CAD/month + tax
  • Total Payable: 30,211 CAD
  • Total Interest: 4,870 CAD
  • 14.9%Interest Rate x 48 months
  • 704 CAD/month + tax
  • Total Payable: 33,790 CAD
  • Total Interest: 8,450 CAD

At the end of the Lease Contract

Residual Value: 12,257 CAD (in 33 months)

  • 4.9%Interest Rate x 48 months
  • 282 CAD/month + tax
  • Total Payable: 13,523 CAD
  • Total Interest: 1,265 CAD
  • 8.9%Interest Rate x 48 months
  • 304 CAD/month + tax
  • Total Payable: 14,613 CAD
  • Total Interest: 2,356 CAD
  • 14.9%Interest Rate x 48 months
  • 341 CAD/month + tax
  • Total Payable: 16,344 CAD
  • Total Interest: 4,087 CAD

Business Vehicle Analysis

This section is very important if you are interested in the vehicle for Uber, Lyft, Turo, Getaround, vehicle rental or for a business. (Learn more about this section)

Distance Analysis
Cost to drive 100km: (CAD)
30.08
  • + tax
  • + fuel
  • + insurance
(inlcuding the 400CAD incentive)
Time Analysis
Cost per day: (CAD)
13.03
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 400CAD incentive)
Remaining Km
Can be driven up to:
304.20
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD

Seller Contact Info

This Contract was Already Transferred.

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